Exhibit 10.3

CERTAIN IDENTIFIED INFORMATION HAS BEEN EXCLUDED FROM THIS EXHIBIT BECAUSE IT IS BOTH NOT MATERIAL AND IS THE TYPE THAT THE REGISTRANT TREATS AS PRIVATE OR CONFIDENTIAL. [***] INDICATES THAT INFORMATION HAS BEEN REDACTED.

March 16^th 2026

Awaysis Belize Limited

3301 Chetumal Street

Belize City, Belize

Guarantors: Yacht Club Resorts development Company Limited, Mr. Michael Singh, Mr. Andrew Trumbach

Dear Clients,

The Belize Bank Limited hereinafter referred to as the “Bank”) is pleased to advise that we will make available to Awaysis Belize Limited (the “Borrower”), the following credit facility/facilities on the terms and conditions outlined below and in Schedule A (General Terms and Conditions), Schedule B (Conditions Precedent), Schedule C (Security Documents), and Schedule D (Form of Acceptance) of this facility letter agreement (hereinafter this facility letter together with Schedule A, Schedule B, Schedule C and Schedule D shall collectively be referred to as “the Agreement”):

CREDIT A: Loan Facility

SPECIAL TERMS:

Condition Subsequent

Kindly confirm your acceptance of the terms and conditions set out in this Agreement by signing and returning the attached duplicate of this letter to us on or before March 31^st 2026 together with your executed Acceptance Letter in the form set out in Schedule D, at which time this offer, if not accepted, will expire.

SCHEDULE A

GENERAL TERMS AND CONDITIONS

1. Definitions and Interpretation

1.1 In these General Terms and Conditions and in the Facility Letter, unless the context otherwise requires, the following expressions shall have the following meanings:

“Acceptance Letter” means a letter issued by the Borrower to the Bank in the form set out in Schedule D, wherein the Borrower indicates his acceptance of the terms and conditions of the Agreement”;

“Authorised Third Parties”; each an “Authorised Third Party” means any lawful court or tribunal in Belize, the Central Bank of Belize, the Government of Belize, the Financial Intelligence Unit, credit bureaus, credit reporting agencies, rating agencies, potential purchasers of the business of the Bank, Bank Group, correspondent banks, third parties authorised to receive Data pursuant to any order of a lawful court in Belize, any agent or contractor providing services to the Bank and the Bank’s professional advisors;

“Bank Group” means the Bank’s ultimate holding company, any subsidiary and affiliate of the Bank or of its ultimate holding company and all associated companies (being companies in which an equity interest is held by the foregoing);

“Business Day” means a day (except Saturdays, Sundays and public holidays) on which the Bank is open for business in Belize;

“Commitment” means the loan amount that the Bank has committed to provide to a Borrower under a Facility;

“Current Prime Rate” means the variable reference rate of interest per year declared by the Bank from time to time to be its prime rate for loans made in the local currency of the country of Belize;

“Data” means information concerning the relationship and agreement made between the Bank and any Borrower and/or any Guarantor, including but not limited to their name and address, and if the Borrower is a company then its beneficial ownership information, the amount of assets held with the Bank, the amount of revenues and income, credit and debit memos, statements of account, copies of Security Documents, records and any other information regarding the relationship with the Bank;

“Default Interest” means a rate of interest, as determined by the Bank from time to time, charged on any unpaid Liabilities upon (i) the occurrence of an Event of Default or (ii) when any payment due under a Facility is at least three (3) months in arrears or (iii) any Liabilities are not paid by the Borrower to the Bank on demand;

“Event of Default” means any of the events mentioned in Clause 12 or any event, which upon its occurrence or with a lapse of time and/or the giving of notice and/or a determination being made under the relevant Clause or paragraph, would constitute any of the events mentioned in Clause 12.

“Facility” means all banking or credit facilities (or any part thereof) from time to time made or to be made available by the Bank to the Borrower; and references to “each Facility”, “the relevant Facility”, “any Facility” and “no Facility” shall mean any such banking or credit facility as the context requires;

“Facility Letter” or “Letter” means the facility letter(s) or loan agreement(s) (including all its (their) schedules and appendices) entered into between the Bank and the Borrower in relation to the Facility, as amended, varied, supplemented and/or replaced from time to time; “the Facility Letter”, where the context requires, means any Facility Letter or all the Facility Letters;

“General Terms and Conditions” means these General Terms and Conditions for Facilities set out in Schedule A, as amended and in force from time to time;

“Installment Payment Date” means any day on which a repayment installment of the Loan falls due;

“Late Payment Interest Rate” means a rate of interest, as determined by the Bank from time to time, charged by the Bank for the account of the Borrower on the amount of any payment under a Loan Facility not paid on its due date, in addition to normal interest;

“Liabilities” means the total from time to time of all indebtedness owed by the Borrower to the Bank, whether under a Facility Letter or otherwise;

“Loan” means, as the context requires, a drawing of principal under the Facility or the aggregate outstanding principal amount in any currency (or currencies) of all such drawings from time to time;

“Material Adverse Condition” shall mean: (i) non-compliance with the terms and conditions of approval of a Facility; (ii) a material reduction in security margins or values, including minimum credit balances, where applicable; and/or (iii) significant deterioration in or development factors that are likely to impair the repayment of the Facility.

“Overdraft Limit” means the amount of the maximum Overdraft granted by the Bank and includes a reference to any revised limit for the Overdraft facility where the Bank has approved such revision;

“Surcharge Interest” means a sum of interest charged by the Bank to the Borrower in addition to normal interest on either (a) the amount by which the Overdraft Limit is exceeded during the Term of the Overdraft Facility; or (b) on the entire balance due under the Overdraft Facility if payment of the entire amount of the Overdraft Facility is past due.

1.2 In this Agreement (unless the context otherwise requires):-

1.2.6 references to any document shall be deemed to include references to such document as varied supplemented or replaced from time to time;

1.3 If this Agreement is signed by more than one person as the Borrower (whether a partnership or otherwise):

2. Conditions Precedent

2.2 The Commitment under a Facility shall become available to the Borrower when the Bank has received the executed duplicate of the applicable Facility Letter, documents and evidence listed in Schedule B and in Schedule C, in each case in form and content satisfactory to the Bank, the executed Acceptance Letter in the form set out in Schedule D, and upon fulfillment of the conditions set out in Clause 2.1 above.

2.3 The terms and conditions set out in Clause 2.1 above, are inserted for the sole benefit of the Bank and may be waived by the Bank in whole or in part in respect of any Facility with or without terms or conditions, without prejudicing the rights of the Bank to assert such terms and conditions in whole or in part in respect of any other Facility or with regard to subsequent drawings in respect of the same Facility.

3. Availability

3.1 Unless otherwise agreed or waived by the Bank, no Facility or other banking service will be made available by the Bank unless the Borrower satisfies all conditions precedent and/or pays all fees and charges required in respect of the relevant Facility or banking service pursuant to a Facility Letter or otherwise.

3.2 All expenses, including but not limited to stamp duty, legal and professional fees will be for the account of the Borrower and shall be paid in full without any deductions or withholding. Legal and other fees related to collection, enforcement and recovery of any amount due to the Bank under this Agreement will be for the account of the Borrower. All fees arising in connection with this credit facility from time to time shall be for the account of the Borrower. The Borrower gives to the Bank the right to debit any account of the Borrower held with the Bank to settle such fees and expenses.

3.3 All Facilities shall be made subject to such limit or limits as may be agreed between the Borrower and the Bank or otherwise as varied and revised by the Bank at its absolute discretion from time to time. The Borrower agrees that the Bank is entitled at any time to increase, reduce or otherwise vary the credit limit(s) applicable to any Facility and the Bank may give prior notice of such increase, reduction or variation if this is reasonably practicable to do so.

3.4 If a Facility is an overdraft facility, even though the amount outstanding under such Facility has not exceeded the limit or limits applicable to such Facility, the Bank may at any time, at its absolute discretion, without prior notice and without assigning any reason therefor refuse to make available to the Borrower advance(s) under such Facility or terminate such Facility.

3.5 All funds made available by the Bank to the Borrower by way of a Commitment must be used within three (3) months of the Bank making such funds available to the Borrower for drawing.

4. Payments

4.1 All payments under or in respect of a Facility shall be made not later than 3:00 pm Belize time on the due date for value in immediately available funds in the currency of the Facility to the Bank at such account it may from time to time instruct the Borrower. If any payment becomes due on a day which is not a Business Day, the due date of such payment will be extended to the next Business Day unless such Business Day is in a new calendar month in which case such payment shall be made on the immediately preceding Business Day.

4.2 Payments by the Borrower to the Bank shall be made without set-off or counterclaim and free and clear of any withholding or deduction (save as required by law) for any present or future taxes, levies, imposts, duties or other charges. If a Borrower is obliged by law to make any such withholding or deduction, it will pay the Bank in the same manner and at the same time, additional amounts to ensure that it receives a net amount equal to the full amount which we would have received if no such deduction or withholding had been required. The Borrower shall deliver to the Bank on demand evidence satisfactory to the Bank that any amount withheld or deducted has been paid to the proper authority.

4.3 The Bank will maintain an account or accounts evidencing the amounts from time to time lent by, owing to and paid to it under this Facility. Such account or accounts shall (save for manifest error) be conclusive evidence of the amounts from time to time owing by the Borrower hereunder.

4.4 The Bank may, without notice to the Borrower, apply any credit balance which is at any time held by any office, branch affiliate or Bank Group for the account of the Borrower in or towards satisfaction of any sum then due and payable from the Borrower under the Agreement.

4.5 All bank accounts of the Borrower opened with the Bank shall be governed and operated in accordance with the Bank’s Standard Terms and Conditions for such accounts.

4.6 Notwithstanding any provision in this Agreement or any other agreement between the Bank and the Borrower or any other person, all Liabilities are subject to the Bank’s overriding right to payment on demand at any time. Upon the Bank making any such demand, all Liabilities shall become immediately due and payable and the Borrower shall forthwith pay to the Bank all the Liabilities or any part thereof as specified in such demand.

5. Interest

5.1 Subject to the other provisions of this Clause 5, all amounts advanced under any Facility will be charged with interest at such rates and in such manner as specified in the applicable Facility Letter.

5.2 Unless otherwise specified and subject to Clause 5.1 above, interest shall accrue from day to day on the basis of the number of days elapsed and a 365-day year or otherwise according to conventional market practice as the Bank may determine.

5.3 Interest is due once per month unless the Agreement states otherwise. Unless other arrangements have been made, the Bank will automatically debit your designated account for amounts of interest owing. In the event that the Borrower does not deposit sufficient funds into the designated account to be debited, interest will be charged on overdue interest, which is also known as compounding.

5.4 Notwithstanding any provision in the Facility Letter or any other agreement between the Bank and the Borrower or any other person and subject to this Clause 5, the Bank may at any time, in its absolute discretion, by giving prior reasonable notice to the Borrower, vary or modify (unless such variation or modification is beyond the Bank’s control) the rate(s), mode of payment or basis of calculation of any interest, charges, commissions or fees.

5.5 The interest rates provided for in a Facility Letter are variable interest rates and will change automatically, without notice, whenever the Current Prime Rate changes.

5.6 If a Facility is an overdraft facility, interest shall be calculated on the daily debit balance and payable monthly in arrears and debited to the Borrower’s current account(s) with the Bank on such date as may be determined by the Bank. Interest so debited shall become part of the principal due from the Borrower and shall bear interest accordingly.

5.7 The Bank may in its absolute discretion charge Late Payment Interest on any amount not paid on its due date under a Loan Facility.

6. Default Interest

6.1 The Bank shall be entitled to charge Default Interest on Liabilities at the Default Rate stated in the Facility Letter for the time being or at such rate as the Bank may in its discretion determine and in such manner as it may determine in its absolute discretion. Such interest will be payable by the Borrower both before and after judgment and may be compounded at monthly or other intervals as the Bank may determine in its absolute discretion.

7. Surcharge Interest

7.2 Surcharge Interest (in addition to the standard rate of interest applicable to an Overdraft Facility) will apply to any drawings under an Overdraft Facility in excess of the Overdraft Limit and will be debited to the bank account of the Borrower monthly in arrears (or at such other intervals as may be notified by the Bank to the Borrower from time to time) and on final payment. The Bank’s current rate of Surcharge Interest is set out in the applicable Facility Letter.

7.3 We reserve the right from time to time to change the rate of Surcharge Interest. Any variation in the rate of Surcharge Interest will be notified to the Borrower.

8. Force Majeure

8.1 If any change in applicable law shall (i) increase the cost to the Bank of maintaining the Facility or of maintaining or funding a Loan, (ii) reduce the amount of any payment received or receivable by the Bank in respect of a Facility, (iii) oblige the Bank to make a payment in respect of the amount of any sum received or receivable by it in respect of a Facility, (iv) cause the Bank to forgo any interest or other sum received or receivable by it or (v) render the Bank otherwise unable to obtain the rate of return on its overall capital which it would otherwise have been able to achieve but for making the Facility available, then the Bank may notify the Borrower and the Borrower shall indemnify the Bank against that increased cost, reduction, payment or forgone interest or other sum on demand.

9. Representations and Warranties

9.1 The Borrower and every Guarantor (where applicable) represents and warrants to the Bank on the date of acceptance of the Agreement and on each date that the Facility is available or outstanding (with reference to the facts and circumstances then existing) that:

9.2 Each corporate Borrower or corporate Guarantor to a Facility, as applicable represents and warrants to the Bank on the date of acceptance of a Facility and on each date that the Facility is available or outstanding (with reference to the facts and circumstances then existing) that:

10. Covenants

11. Guarantees

11.1 In consideration of the Bank entering into and acting in accordance with this Agreement, each Guarantor, where applicable, unconditionally and irrevocably guarantees as a continuing obligation the proper and punctual performance by the Borrower of all his obligations and liabilities (whether jointly or severally) under or pursuant to this Agreement.

11.2 The liability of any Guarantor to a Facility shall not be discharged or impaired by any act or omission or any other events or circumstances whatsoever which would or might (but for this clause) operate to impair or discharge their liability hereunder, including but without limitation:

11.3 The provisions of this Clause 11 constitute a continuing guarantee (where applicable) and will remain in full force and effect until the obligations and liabilities of the Borrower to the Bank under or arising out of (or in connection with) this Agreement or any Security Document have been performed or discharged. The Guarantor hereby waives any right he may have of first requiring the Bank to proceed against or enforce any right against the Borrower (whether jointly or severally) or any other person.

12. Events of Default

12.1 All amounts due and payable under a Facility including but not limited to principal and interest, will become immediately due and payable, in full, upon the occurrence of an Event of Default, which shall include but not be limited to the following events:

12.2 The Bank reserves the right to demand repayment of any Facility where there is evidence of a Material Adverse Condition.

13. Rights on Default

13.1 The Bank may (without prejudice to any of its rights) upon and at any time after the happening of an Event of Default, so long as the same is continuing, by notice to Borrower declare that:

14. Indemnity

14.1 Without prejudice to any provision in any other agreement made between the Bank and the Borrower or any other person, the Borrower shall indemnify and keep the Bank, its officers, employees and agents indemnified against any and all loss, damage (including loss of profit), cost, fees, legal fees or expense which the Bank may suffer or incur as a consequence of:

as to which in each case, the certification of the Bank (save for manifest error) shall be conclusive.

15. Additional Costs

15.1 The Borrower will be liable for and will pay to the Bank on demand such amount which the Bank may from time to time certify to be necessary to compensate it for any increased costs or reduction in return, resulting from compliance with any change in, or in the interpretation of, any law or regulation or any official directive or request (whether or not having the force of law) including without limitation any relating to mandatory liquid asset and special deposit requirements.

15.2 The Borrower and any Guarantor to a Facility shall assume any currency exchange costs or losses incurred by the Bank as a result of movements or changes in exchange rates established under the laws of Belize which result or would result in a loss to the Bank under this Agreement.

16. Illegality

If at any time it is unlawful, or contrary to any request from or requirement of any central bank or other fiscal monetary or other authority, for the Bank to make, fund or allow to remain outstanding all or any part of a Facility, then the Bank will promptly after becoming aware of the same deliver to the Borrower a notice to that effect and (i) the Bank shall not thereafter be obliged to make any advance and (ii) if the Bank so requires, the Borrower shall on such date as specified by the Bank, repay the Facility together with accrued interest on it and any other amounts then due to the Bank hereunder.

17. Assignment and Transfer

17.1 The Borrower agrees that the Bank may assign or otherwise transfer all or any of its (i) rights and interests and/or (ii) obligations under the Agreement and any other agreement between the Bank and the Borrower. The Borrower further agrees that in order to effect such assignment or transfer all that is required is for the Bank to deliver relevant documents to the assignee(s) or transferee(s) and a written notice to the Borrower. The assignee(s) or transferee(s) shall thereupon become vested with all the rights and powers and subject to the same obligations in respect thereof which were formerly vested in the Bank and to which the Bank was subject, and the Bank shall be released and discharged from any liability or obligation in respect the relevant Facility Letter, these General Terms and Conditions and any other such agreement. It shall not be necessary for the Borrower to sign any consent or other agreement in relation to such assignment or transfer.

17.2 The Bank is authorised to disclose any information regarding the Borrower, any Guarantor, this Agreement and any other agreement with the Bank to (i) any transferee or proposed transferee of, or participant or proposed participant in, any of its rights and/or obligations in relation to the Borrower or (ii) if required by law or regulation, any relevant supervisory or regulatory authority or (iii) any other person with whom the Bank proposes to merge or to which the Bank proposes to dispose of all or any part of its business.

17.3 The Borrower can only assign this Agreement to a third party with the prior written agreement of the Bank to any such assignment.

18. Consent to Release Information

18.1 The Borrower and every Guarantor hereby authorizes the Bank to report to an Authorised Third Party by any means of communication, including but not limited to electronic data transmission, all Data which may be requested or required by them. The Borrower and every Guarantor understands that such Authorised Third Parties if applicable, may further share the Data provided with third parties wherever located and whom they deem appropriate, and hereby releases the Bank from all liability in connection with the provision of Data to an Authorised Third Party and assumes responsibility for all consequences and any damages that may arise at any time due to use of the Data by any such third party.

18.2 With this Authorization, the Borrower and the Guarantor hereby expressly waive any protection or right under confidentiality and data protection laws of Belize to the extent necessary for the reporting of any Data hereunder to any Authorised Third Party. It is expressly understood that this Authorization will not expire in the event of the incapacity of the Borrower or any Guarantor to act, bankruptcy, declaration as a missing person, or his/her death, but will remain in force.

19. Notices

19.1 The Borrower will send all written communications to the Bank at the branch address where the Loan was processed for the attention of the manager of that branch. Any notice, demand or other communication from the Bank to the Borrower under this Agreement shall be given in writing by way of a letter addressed to the Borrower at the Borrower’s address last appearing in the Bank’s records. If the letter is sent by facsimile, it shall be deemed received on the date of transmission. If the letter is sent by ordinary mail at the address of the Borrower, it shall be deemed received on the date falling five (5) days following the date of the letter, unless the letter is hand-delivered to the Borrower, in which case, the letter shall be deemed to be received on the date of delivery. If the letter is sent by courier it shall be deemed received on the date of delivery confirmed by the courier company.

19.2 The Borrower and any Guarantor shall promptly notify the Bank of any change in its address or facsimile number to which notices or other communications should be sent.

19.3 Where permitted by law, the Borrower agrees that (i) the Bank may provide any information or disclosure relating to the Loan by electronic communication, including but not limited to, communication by telephone, computer or fax. If the communication is by computer, it will be in a form the Borrower can retain. The Borrower also agrees that if the Borrower uses electronic communication to amend, extend, renew or vary the terms of the Loan, the electronic communication shall be considered to have been signed and/or delivered by the Borrower and to be in “writing” if any legal rules require the communication to be in writing, signed or delivered. The Borrower agrees not to dispute any electronic communication on the basis that it was not in writing or signed. The Borrower also agrees that any electronic communication that either the Bank receives from the Borrower or which appears to have been sent by the Borrower will be considered to be duly authorized and binding on the Borrower. This means that the Bank is entitled to rely and act upon any such electronic communication, even if it was not given or sent by the Borrower.

19.4 The Borrower acknowledges that electronic communication may be an unsecured method of communication and the Bank will not be responsible for any unauthorized access to communications delivered through such unsecured methods, except where there has been negligence on our part. The Bank will not, under any circumstances (even if the Bank is negligent), be liable for an indirect, consequential, special, aggregated, punitive or exemplary damages whatsoever (including but not limited to loss of data, loss of profits or any other commercial or economic loss), caused to the Borrower, regardless of the cause of action, even if the Bank have been advised of the possibility of such damages.

19.5 The Borrower agrees that the Bank may also give notice in person or by telephone if circumstances warrant.

20. Further Assurance

The Borrower and every Guarantor under this Agreement shall promptly or otherwise within such period as the Bank may specify following demand by the Bank and at its own expense make, execute, do and perform all such further assurances, instruments, documents, acts or things as the Bank may from time to time reasonably require for performing the Borrower’s obligations under this Agreement and any other agreement between the Bank and the Borrower or to enable the Bank to exercise any of its rights.

21. Amendment

Without prejudice to any provision in this Agreement or any other agreement between the Bank and the Borrower or any other person, the Bank may, in its absolute discretion, by notice to the Borrower, vary, amend or supplement any term or condition of the Facility Letter, these General Terms and Conditions and such other agreement. Such variation, amendment or supplement shall take effect upon the expiry of 30 days after such notice has been given (unless such change is not within the Bank’s control).

22. No Waivers, Remedies Cumulative, Binding

22.1 No failure or delay on the part of the Bank in exercising any right, power or privilege under this Facility Agreement shall impair the same or operate as a waiver of the same nor shall any single or partial exercise of any right, power or privilege preclude any further exercise of the same or the exercise of any other right, power or privilege. The rights and remedies provided in this Agreement are cumulative and not exclusive of any rights and remedies provided by law.

22.2 This Agreement and each of the Security Documents shall be binding upon and enure for the benefit of the parties hereto and their respective successors and, in the case of the Bank, its permitted assigns.

23. Severability

If any one or more provisions of the Facility Letter, these General Terms and Conditions and any other agreement between the Bank and the Borrower shall be declared or adjudged to be illegal, invalid or unenforceable in any jurisdiction, such provision(s) shall be ineffective only to the extent of such illegality, invalidity and/or unenforceability and shall not affect the validity of any other provisions or the validity of such other provisions in any other jurisdiction.

24. Conflict With Facility Letter

If there is any conflict between the terms and conditions of Schedule A (General Terms and Conditions) and the Facility Letter, then the terms of Schedule A (General Terms and Conditions) will have an overriding effect over the relevant term of the Facility Letter.

25. Entire Agreement

This Agreement and any documents or instruments referred to in, or delivered pursuant to, this Agreement constitute the whole and entire agreement between the Borrower and the Bank with respect to the Facilities hereby granted.

26. Governing Law

This Agreement shall be governed by, construed and enforced in all respects in accordance with the laws of Belize.

[Can be amended as required]

SCHEDULE B

Conditions Precedent

For Corporate Borrowers and Guarantors:

For all Borrowers and Guarantors:

1) All KYC documents;

2) Statement of Affairs

3) The Security Documents shall be duly executed and delivered to the Bank.

4) Permission or approval of the Central Bank of Belize as may be required.

5) Such information and documents concerning the Borrower’s and Guarantor’s business and financial position and prospects as the Bank may request.

6) Payment in cleared funds of all fees expenses and other sums due in respect of this Facility Agreement, and listed above to the extent due and payable

(Other items may be added)

SCHEDULE C

Security Documents

NEW Charge over Parcels 577 & 576, Block 7 San Pedro Registration Section in name of Awaysis Belize Limited stamp to secure BZD $4,103,000.00.

Lodgment with the bank by Yacht Club Resorts Development Company Limited over Strata Parcels 5513 H2. H3, H5, H7, H8, H9, H12, H13, H14 AND H15 Block 7 San Pedro Registration Section.

Lodgment with the bank by Yacht Club Resorts Development Company Limited over Strata Parcels 5513 H4. H6.

Corporate Guarantee signed by Yacht Club Resorts Development Company Limited in favor of Awaysis Belize Limited dated March le 2026.

Personal Guarantee signed by Andrew Trumbach and Michael Singh in favor of Awaysis Belize Limited dated March 16^th 2026.

Insurance Over parcels 577 & 57, block 7, San Pedro Registration Section with BBL interest noted.

SCHEDULE D

FORM OF ACCEPTANCE

March 16^th 2026

The Belize Bank Limited

60 Market Square

Belize City, Belize

Dear Sirs,

We refer to your Facility Letter dated March 16^th 2026 of which the enclosed is a duplicate copy, in which you offered to place at our disposal a term loan facility in the maximum aggregate principal amount of Four Million One Hundred Three Thousand Belize Dollars and zero cents ($4,103,000.00) on the terms and conditions contained therein, and we hereby accept such offer on such terms and conditions.

COMPANIES ACT
(Chapter 250)

(“Awaysis Belize Limited”)

RESOLUTION OF THE BOARD OF THE DIRECTORS

BE IT RESOLVED as follows:

THAT the Directors be and are hereby authorized to request a New EMI Loan for BZD$4,103,000.00 with The Belize Bank Limited (hereinafter called “the Bank”) under the terms and conditions highlighted in the facility letter agreement dated the 16^1k day of March 2026.

WE HEREBY CERTIFY that the above is a true copy of a resolution of Awaysis Belize Limited

DATED the 16^th day of March 2026.

COMPANIES ACT
(Chapter 250)

(“Yacht Club Resorts Development Company Limited”)

RESOLUTION OF THE BOARD OF THE DIRECTORS

BE IT RESOLVED as follows:

THAT the Directors be and hereby authorize the Company to act as a Guarantor for an EMI Loan of BZD$4,103,000.00 extended to Awaysis Belize Limited to be held at The Belize Bank Limited (hereinafter called “the Bank”) under terms and conditions highlighted in the facility letter agreement dated this 16^th of March 2026.

WE HEREBY CERTIFY that the above is a true copy of a resolution of Yacht Club Resorts Development Company Limited.

DATED the 16^th day of March 2026.

March 16, 2026

ON DEMAND AFTER DATE FOR VALUE RECEIVED……………………$4,103,000.00

PROMISE TO PAY TO The Belize Bank Limited                       OR ORDER

AT THE BELIZE BANK LIMITED, Albert Street, Belize

THE SUM of Four Million One Hundred Three Thousand —— xx/100 Belize Dollars

WITH INTEREST ON $4,103,000,00 PAYABLE MONTHLY AT THE RATE OF ….8.0%…..PER CENTUM PER ANNUM OR SUCH OTHER VARIABLE INTEREST RATE OR RATES AS THE BELIZE BANK LIMITED MAY IN ITS ABSOLUTE DISCRETIOON CHARGE FROM TIME TO TIME AS WELL AFTER AS BEFORE MATURITY. IT SHALL BE LAWFUL FOR THE BANK AND EVERY PERSON FOR THE TIME BEING ENTITLED TO RECEIVE AND GIVE A DISCHARGE FOR THE PRINCIPAL MONEYS INTEREST AND OTHER MONEYS HEREBY SECURED TO DEMAND THE SAME AT ANY TIME WHETHER OR NOT I AM IN DEFAULT OR HAVE OMITTED OR FAILED TO COMPLY WITH ANY TERM OR PROVISION HEREIN OR OTHERWISE.

In the event of your incurring costs, charges and expenses with respect to the enforcement or protection of any rights hereunder, I/We hereby further agree that such costs, charges or expenses may be claimed in a Statement of Claim in the event that an action is commenced in a Court of Law for the recovery of moneys due hereunder even though a demand has not been made for the payment of same.